£221,802
This estimated value is based upon the latest sale price for the house of £180,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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The Chestnut, 4 Stortford Road, Great Dunmow, CM6 1DA
Phone: 01371829035
| Price Paid | Date |
|---|---|
| £180,000 | 22 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in May 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £180,000 results in an estimated price of approximately £221,802.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £180,000 | £41,802 | £221,802 |
The Postcode Pricing Model uses changes in average sales price within the CM6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -29.541 % | £-53,173 | £126,826 |
| 3 Month Average | 20.221 % | £36,397 | £216,397 |
| 6 Month Average | 14.291 % | £25,724 | £205,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £380,851 | £375,000 | 4 PINE AVENUE |
| 15 Dec 2023 | £402,364 | £390,000 | 6 LAUREL DRIVE |
| 17 Jan 2022 | £487,691 | £460,000 | 25 GUELDER ROSE |
| 17 Dec 2021 | £447,913 | £415,000 | 48 GUELDER ROSE |
| 5 Oct 2021 | £478,081 | £428,900 | 13 GUELDER ROSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 19 Dec 2019. Using an estimated price of £221,802 means this house is valued at £3,824 per sq meter (£355 per sq foot).
The average size of a house on GUELDER ROSE is 125 sq meters (1,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Park Drive |
| Jul 2024 | Anti-social behaviour | On or near Juniper Court | |
| Jul 2024 | Anti-social behaviour | On or near Juniper Court | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cedar Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Close |